Question
The table below shows the information related to Hummingbird company. Compute the Issuance of stock. Beginning stockholders' equity $35200 Ending stockholders' equity 50300 Issuance of
The table below shows the information related to Hummingbird company.
Compute the Issuance of stock.
Beginning stockholders' equity $35200
Ending stockholders' equity 50300
Issuance of stock
Net Income 13000
Dividends 3350
Last year, Kevin Smith purchased a $1000 corporate bond with an annual interest rate of 5.75%. The bond's current market price is $660.
Calculate the annual interest and the current yield. Round all answers to two decimal places.
The annual interest of the corporate bond is $
.
The current yield of the bond is
%.
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Accounting Information Systems
Authors: Marshall RomneyPaul Steinbart
11th Edition
136015182, 978-0136015185
